Price trend

According to the data monitored by SunSirs, as of November 22, the average price of domestic industrial grade cyclohexane was 7,466.67 RMB/toon, down 4.27% from the same period last week, or a decrease about 400 RMB/toon. As of the 22nd, the price of cyclohexane was weak, the overall market operating rate was stable, and downstream purchase just in needed mainly.

Analysis review

The average price of domestic industrial grade superior cyclohexane was 7,466.67 RMB/toon. On the 22nd, the quotation range of mainstream manufacturers was about 7,500 RMB/toon. The overall market of cyclohexane was stable and tended to be weak, the purchasing atmosphere was fair, and the supply side was normal. The latest prices of corporate cyclohexane: 7,200 RMB/toon for Jinan Hengtong Chemical Co., Ltd., 7,200 RMB/toon for Shandong Lincheng Chemical Products Co., Ltd., 7,200 RMB/toon for Jinan Jutai Chemical Co., Ltd., and 7,300 RMB/toon for Shandong Yushu Chemical Co., Ltd.

Chemical index: On November 21, the chemical index was 942 points, up 1 point from the previous day, down 32.71% from the cycle's highest point of 1,400 points (2021-10-23), and up 57.53% from the lowest point of 598 points on April 8, 2020. (Note: the cycle refers to the period from December 1, 2011 to the present).

Market outlook

Cyclohexane analysts from SunSirs believe that the cyclohexane market is weak in a narrow range in the short term.

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